Sistema Shyam Teleservices (SSTL), the joint ventures of Russia's Sistema and Shyam group of India, Tuesday reported a net loss of Rs. 666.4 crore during the quarter ended March 31, owing to increase in operational costs following its expansion across all circles.
The revenue, however, grew 201 percent at Rs. 236 crore against Rs. 78.6 crore during the like period of the previous financial year.
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